Apperian Receives Strategic Investment From Intel Capital

Apperian Receives Strategic Investment From Intel Capital
Additional Capital Brings Total Funding to Date to $28 Million for
Mobile Application Management Technology Pioneer
BOSTON, MA -- (Marketwire) -- 01/23/13 -- Enterprise mobile
application management (MAM) pioneer Apperian, Inc. today announced
that the company has received a strategic investment from Intel
Capital, Intel's global investment and M&A organization. The
additional capital builds on previous investments from top firms
including Bessemer Venture Partners, Kleiner Perkins Caufield &
Byers, and North Bridge Venture Partners and brings Apperian's total
funding to date to $28 million. The investment comes at a time where
Apperian is seeing significant growth due to the increasing demand
for technology that can help enterprises manage and secure mobile
applications and tackle BYOD head-on.
"Apperian is helping enterprises transform the way they do business
by enabling the secure deployment and management of enterprise
content and mobile apps," said Lisa Lambert, vice president of Intel
Capital and managing director of the Software and Services sector.
"With new mobile devices, operating system updates, and innumerable
mobile apps entering the enterprise every day, Apperian makes it
possible for IT departments to overcome this complexity and take
advantage of the value that enterprise mobility delivers."
"Traditional approaches to mobile security are intrusive and
cumbersome -- which frustrates users," said David Patrick, CEO at
Apperian. "We're taking a different approach by protecting what
matters most, the enterprise mobile apps and the data. This drives
breakthrough user adoption, especially in BYOD environments."
Building on Success: MAM Momentum Accelerates
2012 was a hallmark year for Apperian with strong revenue growth and
several industry recognitions. The company saw an impressive 276
percent growth in its subscription business over the past 12 months,
which stems directly from the rapid adoption of its EASE Platform.
Users of Apperian's EASE Platform tripled in 2012 and its customer
base more than doubled. The company also added several notable
customers and strategic partnerships including relationships with
BMC, Jones Lang LaSalle, The Boston Celtics, Ivie & Associat
es, Alex
and Ani, TELUS Corporation, Mocana, and Appcelerator.
"With Apperian's help, we're pushing the mobile envelope by
developing and securely deploying a series of mobile applications
that empower our employees to use whatever device they'd like," said
Gregory Adams, managing director at Jones Lang LaSalle, a customer of
Apperian. "The experience is seamless, which drives adoption and
speed to market -- getting our tools in the hands of our users to
improve productivity in a secure manner."
Apperian received several industry recognitions in 2012, highlighting
the growing popularity and notoriety of its leading technology. This
year, Apperian was named one of the 'Top Private Companies' by
AlwaysOn and OnMobile. The company was also named one of the 'Top
Places to Work' by the Boston Globe this year which helped attract
top-tier talent to the rapidly growing firm. During the year,
Apperian opened up new offices in Europe and expanded its team with
several key hires in sales, marketing and engineering.
"2012 has been a hallmark year for Apperian and we see a tremendous
opportunity ahead," added Patrick. "There's no question that the
industry is transitioning to mobile platforms and we're leading the
charge by empowering hundreds of businesses to authenticate, secure,
deploy, and manage their business apps, which is driving our
momentum."
To learn more about Apperian and its EASE platform please visit:
http://www.apperian.com/get-started/ease-platform.
About Intel Capital
Intel Capital, Intel's global investment and M&A
organization, makes equity investments in innovative technology
start-ups and companies worldwide. Intel Capital invests in a broad
range of companies offering hardware, software, and services
targeting enterprise, mobility, health, consumer Internet, digital
media and semiconductor manufacturing. Since 1991, Intel Capital has
invested more than US$10.8 billion in over 1,276 companies in 54
countries. In that timeframe, 201 portfolio companies have gone
public on various exchanges around the world and 317 were acquired or
participated in a merger. In 2012, Intel Capital invested US$352
million in 150 investments with approximately 57 percent of funds
invested outside North America. For more information on Intel Capital
and its differentiated advantages, visit www.intelcapital.com or
follow @Intelcapital.
About Apperian
Apperian is the leading provider of mobile
application management (MAM) technology. The company's EASE platform
delivers enterprise mobility services that enable many of the world's
largest corporations to securely manage the full lifecycle of mobile
apps for iOS, Android and BlackBerry. Apperian is empowering the
liberated enterprise to support the BYOD revolution by letting
employees leverage personal tablets and smartphones to increase
productivity. Headquartered in Boston, Apperian has been named one of
the Top Places to Work by the Boston Globe and continues to get
recognized by the industry for its unique and innovative approach to
mobile application management.
Apperian, EASE, Mobility Transformed and Epicenter are trademarks of
Apperian, Inc. in the United States and other countries. Other
company and product names may be trademarks of their respective
owners.
For more information about Apperian Inc. and its technology, please
visit www.apperian.com or follow the company on Twitter at @Apperian.
Media Contact
Caitlin Leddy
SHIFT Communications
+1 (617) 779-1830
cleddy@shiftcomm.com